3021 E Grand Ave
Laramie, WY 82070
Starbucks · Retail Property For Sale

? Strong Performing Location - This Starbucks ranks in the Top 8th percentile of
all quick-service restaurant (QSR) locations in Wyoming, underscoring its
exceptional operating performance relative to peers. The site attracts an estimated
18,663 monthly visitors.
? Major Signalized Intersection - The property is prominently situated near the
highly trafficked, signalized intersection of Grand Avenue and 30th Street, which
experiences over ±28,000 vehicles per day. This prime corner location offers
maximum visibility and ease of access for daily commuters, university students,
and local residents.
? University of Wyoming - Located ¼ mile from the University of Wyoming—home
to over 14,000 students and faculty— this Starbucks benefits from a reliable and
diverse consumer base. The property is uniquely positioned to capture traffic from
educational, healthcare, and professional demographics.
? Minimal Competition - This is the only freestanding drive-thru Starbucks in
Laramie and within 50 miles, providing a competitive advantage and further
strengthening its market position.
? Ivinson Memorial Hospital - Just north of the property is the Ivinson Memorial
Hospital, a 113-bed facility employing more than 600 staff, providing a strong
customer base for the tenant.
? Income Tax Free State - Wyoming has no income tax on rental income generated
from commercial properties, boosting net cash flow and after-tax return on
investment.
? Steady Population Growth - Since 2020, the local population has grown by
3.87% with population growth expected to exceed 1.0% annually for the next five
years. This demographic trend supports continued demand for retail and QSR
offerings in the area.
? Top Ranked City - Laramie is consistently ranked among the most desirable cities
to live in Wyoming (chamberofcommerce.org), driven by its university-centered
economy and quality of life.
? Investment-Grade Credit | Passive Cash Flow - The asset is leased to
Starbucks Corporation (S&P: BBB+ | NASDAQ: SBUX), a globally recognized and
financially stable tenant with over 38,000 locations worldwide. The NN lease
structure provides passive income and minimal management responsibilities,
making it an attractive option for those seeking stable, long-term cash flow
backed by investment-grade credit.